James River Coal Company · Richmond, VA United States ·(NASDAQ (GM): JRCC)
Company Description
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James River Coal hopes the coal keeps flowing. The company operates about 30 mines in eastern Kentucky (in the Central Appalachian Basin) and southern Indiana (in the Illinois Basin) that produce some 10 million tons of coal annually. Though a small percentage of the coal it sells comes from independent operators and third-party producers, the vast majority of James River's coal is produced from company-operated mines. It controls approximately 275 million tons of proved and probable reserves. More than three-quarters of its coal is sold to utilities. Georgia Power and South Carolina Public Service are its biggest customers, collectively accounting for nearly half of its business. To read the full description, subscribe now.
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Key James River Coal Company Financials
| Company Type | Public - NASDAQ (GM): JRCC Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $568.5 |
| 2008 Employees | 1,751 |
James River Coal Company Executives
16 executives listed for James River Coal Company's Richmond, VA location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Peter Socha | Network |
| SVP and COO | Coy Lane | Network |
| VP and Chief Accounting Officer | Samuel Hopkins | Network |
Competition
Competitive Landscape for James River Coal Company
Demand comes mainly from generators of electricity. Profitability depends on efficient operations, as the product is a commodity sold on the basis of price. Small companies can compete if they hold long-term contracts or if they supply local customers. Big companies have large economies of scale in production and distribution. The industry is capital-intensive and highly automated: average annual revenue per employee is almost $300,000. To read the full description, subscribe now.Top James River Coal Company Competitors
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